111 Gleason Ave East Brookfield — Photo 1 of 22
$349,900
Investment Analysis — 111 Gleason Ave
East Brookfield, MA 01515
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01515 carries an estimated $2,040/mo in gross rent — about a 4.23% cap rate and $14,789/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,385
Style
Single Family
Built
1910
Nicely located near Lake Lashaway offering seasonal water views. This antique style colonial offers a spacious main level with front den or play room with arched entry and hdwd floors , leading to dining room with corner built in china closet open to fully appliances kitchen offering plenty of counter and cabinet space as well as pantry closet. My favorite part is the family room with cathedral ceilings, beam accent and a stone fireplace that makes this space special. Full bath and laundry combo continue with the cathedral ceilings and accented with wood details. 2nd floor offers 3 bedrooms two of which are interconnected perfect for a two room primary or to be used separately. Yard space is nice and level with deck and 2 car detached garage. This home combines neighborhood setting and easy access to local business and restaurants and public beach access thru the town of East Brookfield
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 693 sq ft (the lesser of 900 sq ft or half the 1,385 sq ft principal dwelling). Lot size: 15,812 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood
Kitchen
Lvl FirstFlooring - Laminate
Family Room
Lvl FirstCathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood
Master Bedroom
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstCathedral Ceiling(s), Flooring - Stone/Ceramic Tile
Listing Agent: Tracey Fiorelli
Listing Office: Janice Mitchell R.E., Inc
MLS® Number: 73569760
